BelichickFan

Many Firms Reluctant to Hire Because of New Taxes, Regulation - CNBC

"A potential wave of new regulation and higher taxes may be scaring many businesses from hiring, prolonging any rebound in employment, say business groups and economists.

The prospect of increased federal and state regulation and taxes has been particularly disruptive to the hiring plans of small- and medium-sized businesses, which have historically generated about two-thirds of the nation’s jobs."

Yeah, tax them rich bastards. Of course, unemployment will keep going up - or at best stabilize around 10% - but we'll have screwed the rich.

Holy Diver

Only if we would cut taxes, and outsource jobs to lower paying nations....THEN we would see a boost in....


wait...You mean to tell me thats how we got in this mess in the first place?...Oh...


I'm still waiting for the conservative solution to increasing jobs in america. It aint cutting taxes, and it aint outsourcing...Dont give me the "Small Buisness" crap either...none of these "small buisnesses" can afford to run AND provide healthcare.


I'm not blaming all of this on Bush, or conservativism in general. NAFTA and Clinton have a ton to do with this. Its just all the whining and B!tching about the economy, without offering up solutions that p!$$ez me the fukc off.




BF, since you shot off the thread, what are your solutions to create jobs?



We need to crteate products in america, and produce things besides weapons. Guns, bombs, and war is our only export. We need to build back up the middle class by blue collar manufacturing jobs at HOME. We need to rethink our trade laws, and make them fair for america and americans. More jobs means more taxes and that creates create more revenue for our country.

BelichickFan

This was a "bash obama" thread. Not a "propose solutions of my own" thread.



Two responses :

1) My point wasn't so much that there's a great solution, more that obama is making things worse. Maybe employment would be struggling anyway. But the article I linked suggests that if he did nothing and stayed out of the way it would be less bad.

2) Yes, cutting corporate taxes would help. I have also suggested a massive "alternative energy" project to find good solutions. Not because I believe in MMCC but because creating energy here would create about a trillion jobs (well, not a trillion but "illions" beginning with M or B don't count in the USoo).

bonus 3) I agree with you that we need to make more stuff here but punishing businesses isn't the way to do it.

Holy Diver

Ha!

I think we also have to look at the inherited situation Obama was handed. Bush and Co. left the guy 2 wars, a failing economy, shrinking middle class, massive forclosures, a profit seeking health insurance industry, and massive budget deficit.

I've said all along that we need a manhattan project for new energy and or transportation. THAT will bring our nation back to the top. But I don't see those wheels spinning right now either.


We can all at least sleep better at night knowing those AIG big wigs all got their bonuses.


That should be trickling down anyday now....

BelichickFan

Right but, again, the article isn't saying obama is at fault for everything and things would be great without him - but it is saying that his policies are making what was probably already a bad situation even worse.

I'm with you on that. We could have created tens of thousands of jobs, both blue and white collar, through the stimulus for this and, likely, generated long term jobs and prosperity that way.

Patters

Although this recession is worse than the one Reagan inherited, Obama's policies appears to have stanched the unemployment rate at 10.3%, while under Reagan's lesser recession unemployment rose to 10.8%. Of course, it's still too early to tell, but so far liberalism appears to be more effective at battling the recession that conservatism, but that's not a surprise. Fact is, conservative economic policies are responsible for the greatest economic crises in the history of our nation.

shmessy

C'mon, BF, you can read better than that.

The article states that it is the FEAR of what MIGHT happen that is making small businessmen glum.

You're out there writing that it is a fait accompli.

Yes, BF, Rush, Savage, beck, etc. have been very effective at scaring their listeners about the "boogeyman".

Say the lie enough times and people simply believe it.

__________________
"They (Patriots) may be the greatest team ever" - Chris Mortenson, January 18, 2005 on espn.com

BelichickFan

It is the fear of obama's policies. The whole point is that without those policies - had he done nothing - the fear would be less and the hiring would be greater.

Harry Boy

We don't hear to much about Obama's Glorious Speeches anymore is all that dopey crap finally dying off.

Where Is Pant Suit Hillary.............

__________________
Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself

BelichickFan

It'll take a couple of years to see how GDP emerges out of this compared to Reagan. Most think growth will be sluggish compared to the usual explosive GDP growth coming out of bad recessions. But it will be a year or maybe two until we have a conclusive answer on that. To try to draw a conclusion now, in either direction, is foolish.

Regarding the part I bolded, if it's too early to tell why are you drawing conclusions and bashing conservatives based on that ill gotten conclusion ???